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Business, 18.11.2019 22:31 jpyperofficialp2z5xs

Manner, inc. has 5,000 shares of 5%, $100 par value, noncumulative preferred stock and20,000 shares of $1 par value common stock outstanding at december 31, 2010. therewere no dividends declared in 2009. the board of directors declares and pays a $45,000dividend in 2010. what is the amount of dividends received by the common stockholdersin 2010? a. $0b. $25,000c. $45,000d. $20,000

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Manner, inc. has 5,000 shares of 5%, $100 par value, noncumulative preferred stock and20,000 shares...

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